Cement Cos. Settle Direct Purchasers' Price-Fixing Suit

Law360, New York (March 13, 2012, 3:52 PM EDT) -- Direct purchasers of concrete who were allegedly bilked out of millions of dollars in a price-fixing scheme between Cemex Inc. and three other cement companies settled their claims in Florida on Tuesday, just days after a group of indirect purchasers settled theirs.

U.S. District Judge Cecilia Altonaga signed off on two separate dismissals between direct purchasers and Cemex, Florida Rock Industries Inc., Prestige AB Management Co. LLC and Tarmac America LLC, who were accused of scheming to fix cement prices since at least January 2000....
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